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Search Results 0 to 8 of about 9 (some duplicates have been removed)
to the e.u. blasting the new tax on financial transactions hurting investors worldwide, and you warned me, this is big news. very important. >> it's a developing story. we got the letter here, 11 countries in the e.u. are moving to assess a tax on trades around the world meaning stocks and bonds meaning it could hit your 401(k) account and not know it's happening. the e.u. is in recession, 11 countries want the new tax, and we got the letter coming from the big mutual fund companies, ici, and the big bangs -- banks. they say, look, this is a really bad idea, guys, because, essentially, it's going to hurt investors around the globe. let's go through it. what they say is essentially increased trading costs dramatically reduce financial transactions, diminish liquidity, meaning increased volatility that hurts investors, and it's job killing with historic records of jeblessness around the globe. breaking news, the u.s. treasury talking to fox business, and the u.s. government opposes this new e.u. tax. they do not support it. let's put the statement from the treasury on the screen. the proble
, if the u.n. comes in line of the eu position of the help to rebels but he would not divulge. it's a busy, busy week in rome, tamron. >> thank you. greatly appreciate. >>> and several fans and stars have come to the defense of child actress quvenzhane wallis after she was brutally insulted by the website the onion. the site since deleted the offensive tweet. now apologizing. we'll tell you what the onion posted. toure will join us. ♪ alright, let's go. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross over. ♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger... look who's getting smart about her weight. [ male announcer
-- inside "the baltimore sun" -- then in foreign affairs news -- then, the eu decides not to arm rebels in syria -- that is the washington post this morning. bp is ready for court -- the washington post is reporting about strange bedfellows -- there is a provision in the bill that charges a smoker 50% more for medications and patience to do not use a stick -- who do not use tobacco. here is a quote -- we're talking about armed guards in school. we have time for one more phone call. nick in columbus -- colombia, maryland, you're the last. caller: good morning. thank you for having me on. host: what are your thoughts? caller: we are very reactive, not proactive. it is only a matter of time before we should have expected something like this to happen in a school. this keeps repeating and repeating. we put guards in their pour about four years. then we cut money out of the budget. something will happen, we will put them back in. for my republican friends who said he wants teachers to take training, they cannot stop dating our students. how will they be able to carry a gun? i do not think th
negotiations with europe on a u.s.-eu trade ownership. we could not agree more. let's hurry up and put american business to work. let's get these deals done. by the way, it is not just about asia. it includes all the coasts of the united states and canada and america. it is fascinating. we need to get this going and move that european deal. the working group is about to put out a report. i think it will probably sustain the best teams we can think about. let me give you this in a minute. europe is in a slow economy. europe is our largest export partner. europe is china's largest export your. china is our fastest growing export partner. if europe goes into the can, the whole triangle goes in the can. that is a bad idea. this would be huge on both sides of the pond. there are a lot of big trade agreements that have been talked about or a long time. these would put cash on the table right now. it is important that we welcome global investment. we want people to bring their cash here. come here and invest or come here and visit. the terrorism is a great way -- tourism is a great way. we like that.
. but if the questioning gets difficult i'm going to try to look like i were him and direct the questions away from 3450eus. the central question is why is the economy not growing faster after a deep recession? and i think there are three primary reasons for that but before i state those reasons i would like to make one factual observation which is this is not the weakest recovery in memory. it is not the weakest of the last two. the 2001 recovery was substantially slower than this one. what is different about this one is it is not v shaped in the way professor points out in his testimony. it was after the deep recessions of 1975 and 1982. i think there are three reasons why that is. the first is this recession came from the popping of a bubble unlike the 1982 and 1975 recessions and popping bubbles are much more difficult to escape from the grips of than are the other. so in 1982 my dear friend paul voker rose the -- the interest rates rose to over 20% on mortgages. economic activity slowed dramically as interest rates came down that pinned up demand came right back. that is not having a do a lot of stru
-- >> the u.s./eu free trade agreement. >> i disagree with that. >> they have big deficiencies, and actually a bulwark on standard setting -- >> you disagree with the idea of trade -- >> no i definitely think trade boosts growth and want to see more net exports. what i have never seen is a connection between free trade agreements and an increase in our gdp or even our positive trade balance. more often than not -- >> when you look at nafta, haven't they finally concluded that there were more jobs created here because we were selling more? >> no, in fact, nafta is a -- nafta is a good example -- >> trade balance with mexico went negative. i'm saying after nafta our trade deficit with mexico went from positive to negative. >> nothing happens in a vacuum. >> it's a -- >> but -- >> current -- >> intellectually -- >> don't you know that free trade -- >> absolutely. i'm all for free trade. the nafta we were just talking about, it was 1200 pages. it actually doesn't take that long to write a free trade agreement. the nafta and many others -- >> that was shorter than the health care reform bill? >>
of say, how about the last few years? the u.s. emissions are down, i think 8%. e.u. emissions are down 9%. chinese emissions are up 30%. look at where the coal is being burned. i think in five years india is supposed to become the second largest burner of coal right behind china. the gobal picture -- if the national one isn't enough to make you cry, think globally about where we're going. so that's the crying part. you asked me for bright spots. there are actually are some, so relax. the new car standards will double fuel economy by 2025. california is moving ahead and it is a real bright spot. they are strengthening their targets, that's a bright spot. they got a plan, they have a program, south korea is thinking about instituting emissions trading. china has seven experiments around the country looking at emissions trading. you see some signs then you have these big looming clouds. we have to find a way to get through this and, god, i hope you're not looking for me for all the answers. it isn't all bleak but people better get on to it and get on to it really fast. otherwise it will get
Search Results 0 to 8 of about 9 (some duplicates have been removed)

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